What's going on in Cryptocurrency lately?
From crypto.news, "Through the application, Hashdex wants to transform its futures exchange-traded fund into a spot Bitcoin ETF. Next up is Franklin Templeton’s application to launch a spot Bitcoin ETF." Based on the sec.gov tables, the first deadline for those two is November 17, 2023, which is tomorrow. I think we'll see something tomorrow.
What is ETF?
ETF (Exchange-traded funds) function tracks the value of something (Bitcoin in this case) and trades on traditional market exchanges rather than cryptocurrency exchanges. They allow investors to invest in Bitcoin without going through the hassle of using a cryptocurrency exchange while providing leverage to its price.
It's kinda weird and weirder, day by day. The first time I used Bitcoin was when Bitcoin became a reliable one to use for global transactions without an identity card. For me, It was surely a benefit. No one treated me like a kid (tho I was underage) and they treated our business professionally. It's a business opportunity when I can buy my products globally (Game vouchers) and sell them again without my parents' concern. My business was going well because I already learned many things about business from my grandpa.
Anonymous activity, Reliable 24/7 active time, and Risk-based are better than Tracked activity, Active based on a central server, and Age + Degree + Occupation-based. Even though we know that HIVE sometimes errors, luckily with other nodes backing up, we can continue our transactions here. With new updates, it's good to see many coins like HIVE coming to the surface and I can withdraw my Bitcoin and other coins easily to my bank with Binance but we ever in a state where Bitcoin is illegal, Mining is illegal, and all Bitcoin holders labeled as scammers.
I don't know what will happen in the future with this Bitcoin ETF. I hope Bitcoin and altcoin won't disappear as it's more useful than Paypal for digital products.
#OOT
Suddenly, my friend called me and asked me the recommended place to eat pork. He's from another province and because of the Coldplay concert, he went to Jakarta just to attend the concert. I recommend him to Pokenbir, an Eclectic Western fare, including many pork dishes, served in an airy space with a relaxed vibe. I was invited too and it's on him so I was out for a while in the middle of making this post 😜. Maybe this is what it feels like to become a person with a load of money 🤔.
Luckily, It was not that late and I got the last bus to go back home 😂. If I was late to the bus stop around 10 minutes, I would arrive home now and still in a resting state before continuing my activity 😂. It's still a night on Thursday but it's so crowded on the bus.
Back to home and continue this post again~
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- Join #IAmAliveChallenge at @alive.chat
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MyHiveGoals: 10,000 ALIVE POWER
Current AP: 5,745.1853 ALIVE POWER (57.45%)
Bought and stake: 44.8147 ALIVE (+0.44%)
Updated AP: 5,790 ALIVE POWER (57.90%)
4,210 ALIVE Power again to finish the goal.
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